I found my first property through Zillow and utilized FortuneBuilders Rental Deal Analyzer to assess the Cap Rate. I made a withdrawal from my company 401k plan for use as a down payment and obtained a conventional loan through a local bank to complete the purchase. I have chosen my home state and the local community in hopes of renovating homes and offering options for others to become homeowners.
How did the FortuneBuilders team and resources help you to accomplish this deal?
FortuneBuilders provided education and tools such as the Rental Deal Analyzer which enables me to quickly assess the property which revealed a 13.4% Cap Rate for this property.